□ On December 1, KHFC held a ceremony to declare its Ethics Code and pledge to fight workplace malfeasance and establish an honest working culture. o The Ethics Code supports KHFC's business principles and delineates the proper actions of its employees. It includes eight rules that lay out the standards for action and judgment to make KHFC a company trusted by its clients. o KHFC has also defined action principles in 11 chapters and 60 articles and clauses for the actual implementation of the Ethics Code. These principles dictate the operation of an Ethics Committee, Ethics Director, and the internal reporting system. - Major Action Principles * Uphold responsibility and obligations to the client * Prohibit illicit requests regarding personnel placement * Prohibit interest group intervention and bribery * Establish a healthy corporate culture regarding employees' personal events such as marriage or funerals